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e-APR : Proof of Funds : Bank Letter format for RD and FD

RWDJ

Full Member
Dec 11, 2017
40
2
Hello,

Is there any special format for showing RD and FD?
We are showing our funds in 3 ways : one Savings Account in Bank A, one RD in Bank B and one FD in Bank C. The letter from Bank format talks of average balance and Current Balance, this is not applicable for FD or RD : We can only do this for our Savings account in Bank A. Hence the doubt.

Please help !
RWDJ
 

visit

Star Member
Dec 25, 2011
65
9
Sorry , I am adding my question to this thread.

For PoF , can we show stocks/shares on the primary applicant name ? I was little confused on the statement on CIC saying the fund should be readily available.

The bank statements will be in the home county currency , do we need to convert that and show the CAD value in the statements ?
 

RWDJ

Full Member
Dec 11, 2017
40
2
Sorry , I am adding my question to this thread.

For PoF , can we show stocks/shares on the primary applicant name ? I was little confused on the statement on CIC saying the fund should be readily available.

The bank statements will be in the home county currency , do we need to convert that and show the CAD value in the statements ?
Hello.. I am an amateur but based on what I have read here, I can give a few inputs:
1. Stocks/Shares are subject to market fluctuations and therefore cannot be accepted.
2. We showed our bank statements in home currency to our agent and she said she would prefer to have everything in CAD. Either you can ask your bank to do that or ask a CA. She showed us a template of a net worth statement given by the CA which includes movable assets in home currency and CAD as well. This is not a mandatory doc I guess.
Please note : These are just based on my experience. You should look for second opinion! :)
 

RWDJ

Full Member
Dec 11, 2017
40
2
Hello...
Someone please reply :

Is there any special format for showing RD or FD as funds(since average balance over past 6 months is not applicable?

Thanks
RWDJ
 

Jakev

Champion Member
Sep 22, 2017
1,261
639
NOC Code......
0114 and 0125
AOR Received.
14-11-2017
Hello...
Someone please reply :

Is there any special format for showing RD or FD as funds(since average balance over past 6 months is not applicable?

Thanks
RWDJ
Just show a FD mate- it works ! They don't and wont ask anything you beyond this.
 
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